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Intresting finding or simply statistic: 5min candel 14 replies

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Backtest Data Timeframe > 1min, 5min necessary? 2 replies

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The Force 5min system

Nice bounce from TL
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Hello
For the beginners, number one it met the basic criteria, but many do. What sets this apart are the other factors...failed retest of the upper TL, good price action.
Great trade!
Am I off base?
Roy
I will call this one lucky
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Hello
I have signed on the chat via FJ's signature line, renamed myself and can follow the chat but can't figure out how to post. What am I missing?
Roy
Quoting jurn_e
Hi, took a short at the arrow. A failed retest of the upper TL, an inverted hammer and a lower high made me took this trade.
Closed 50% at +10 pips.
i entered a short here also..but end with +5 only...always too soon to take profit ..but too late to cut loss....
Hello Chrisbedo,
No doubt luck always plays a factor, but I have been watching and playing a few
and if you are patient they happen over and over if you are strict with your application of the rules.
Later
Roy
U can make some really good pips with the basic rules Roy. Learn the pair well, and soon enough u can do without indicators. Just based on PA.


Quoting eroyh
Hello
For the beginners, number one it met the basic criteria, but many do. What sets this apart are the other factors...failed retest of the upper TL, good price action.
Great trade!
Am I off base?
Roy
Pivot Boss in the making~
Entered Long at 1.2615 at first green arrow on bottom left. Exited half my trade 4 bars later for 18 pips profit. Exited rest of my trade 12 bars later. Enter another trade going short 3 bars later. Exited half my trade at 12 pips 2 bars later and left the rest to ride the drop down for another 31 pips. Need to learn more patience like ForexJedi and I'll be doing even more. Price dropped even further so I could have stayed in for more.
It's so fun to watch all the rules work out right before your eyes. It's great!

This system works. It's tried and true. Follow it and the Force will be with you.

Tom
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Great Success with the Jedi's "Force 5min system". I'm up +50 pips based on his expert advice. I have a stop loss at break even and will let the rest of the profits ride. I recommend to give his system a whirl.

http://i36.tinypic.com/2exbgjk.jpg
Took a fast +10 pips from this long because EU overall is still bearish.
Reason of trade: Double bottom presence, hammer from the lower TL bounce and too steep to draw upper TL.
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Pivot Boss in the making~
All these charts look perfect. Everone is making pips. FJ is proud to see the progress traders are making which gives me a better feeling than taking peoples money to show them how to trade. Everyone keep up the good work.

FJ
Stacking pips since 2002
Quoting forexjedi
All these charts look perfect. Everone is making pips. FJ is proud to see the progress traders are making which gives me a better feeling than taking peoples money to show them how to trade. Everyone keep up the good work.

FJ
JF, 2 good nights in a row.
Only four trades made all up, but all profitable....just the way we like them.

Thanks again mate
Ezzy
What you do is a reflection of you....what I do is a reflection of me.
The FAQ for Chatzilla is here

http://chatzilla.hacksrus.com/faq/#connect

The relevant sections are 2.2 and 2.6.

The server is irc.mibbit.com
The channel is #the_force_5m

Chatzilla shows lots of joining & nick change etc information. To remove this from the view, go to section 3.5, read, and then follow instructions to change Conference Mode limit to 1.

That's it......
This uptrend is beautiful. PA is following the support TL very well. Even the indicators are lining up. Might be hard to break this .2741 daily pivot high though..
NO CHAT AT WORK

Anyone seeing this triple top??
I see a Head & Shoulders forming Wes.
Pivot Boss in the making~
FJ, Thanks for sharing this with us. It's uncannily good. And the chat room helps so much and makes the learning process fun and rewarding.

Cheers,
Nick.
To me it looks like a Head & Shoulders and also 5 waves completed,price is in wave B now.
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Pivot Boss in the making~
i also took the short trade posted here more then once. a lot of people took this trade.
But i wonder why i missed the longtrade followed this short?
It was a perfect setup there was a bounce from the longer timed Trendline and also the daily S1 pivotline. There was a double bottom, the force 5m Signal came in place

i was sitting in front of my PC waiting for a trade to get in

i realy dont know why i missed this entry
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Guys - Is this still looking like a head and sholders pattern? Is this just the retest??? Im short and this last spike is freakin me out.

No chat at work, blocked
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